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solve using financial calculator, Indigo's will states that $180,000 is to be set aside into a fund that will make annual payments to her grandson
solve using financial calculator,
Indigo's will states that $180,000 is to be set aside into a fund that will make annual payments to her grandson starting when he turns 18 years old. If Indigo dies when her grandson is six years old and the fund can earn 4.9% compounded quarterly, what annual payment will he receive in perpetuity?
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